HTML Is Called a Markup Language Because Authors Mark Up

question 117

True/False

HTML is called a markup language because authors mark up their documents by inserting HTML tags.

Compute and analyze the mode in a given data set.

Understand the concept of modes in uniquely valued data sets.

Calculate and interpret the geometric mean in the context of time series data.

Analyze the relationship between mean, median, and mode in different types of distribution (symmetric, skewed).

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Definitions:

Optimal Number

The best or most favorable amount of something in terms of efficiency or success.

Free-rider Problem

A situation in which individuals consume a good without paying for it, relying on others to bear the cost, which can lead to underprovision of the good.

Private Good

A product or service that is excludable and rivalrous, meaning its use by one individual prevents others from using it, and it can be kept exclusive to those who pay for it.

Marginal Cost

The rise in cost resulting from the manufacture of an additional unit of a product or service.